was hit hard this morning by
Donaldson Lufkin & Jenrette
when it was downgraded to underperform from buy and its price target was slashed to $50 from $122,
Yesterday, the stock was started at
with a buy rating and a price target of $125 a share.
Micron was lower in preopen trade on Instinet, trading at $71.25, down from Tuesday's close at 78.50.